Can I retire at age 55 with 11,200,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $11,200,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%15.9%
1 years$924,886$916,647$908,609$900,764$893,104$871,513
2 years$457,864$449,337$441,073$433,060$425,287$403,665
3 years$302,211$293,647$285,403$277,466$269,820$248,842
4 years$224,399$215,861$207,700$199,898$192,438$172,265
5 years$177,725$169,238$161,184$153,541$146,288$126,977
6 years$146,618$138,195$130,261$122,788$115,753$97,323
7 years$124,408$116,056$108,247$100,951$94,138$76,592
8 years$107,758$99,482$91,802$84,685$78,097$61,427
9 years$94,815$86,617$79,069$72,133$65,769$49,961
10 years$84,467$76,348$68,934$62,179$56,038$41,076
11 years$76,005$67,969$60,689$54,115$48,195$34,056
12 years$68,959$61,005$53,860$47,466$41,764$28,425
13 years$63,002$55,131$48,120$41,905$36,419$23,854
14 years$57,900$50,112$43,236$37,199$31,925$20,107
15 years$53,482$45,778$39,036$33,175$28,109$17,010
16 years$49,620$42,001$35,392$29,704$24,843$14,433
17 years$46,216$38,681$32,205$26,689$22,028$12,278
18 years$43,194$35,743$29,399$24,052$19,586$10,466
19 years$40,493$33,126$26,914$21,733$17,457$8,938
20 years$38,065$30,783$24,700$19,684$15,593$7,644
21 years$35,871$28,673$22,719$17,864$13,954$6,546
22 years$33,880$26,765$20,939$16,243$12,508$5,611
23 years$32,064$25,033$19,334$14,793$11,228$4,815
24 years$30,402$23,454$17,881$13,492$10,092$4,135
25 years$28,875$22,010$16,561$12,321$9,081$3,553
26 years$27,468$20,686$15,359$11,266$8,180$3,055
27 years$26,168$19,468$14,263$10,312$7,375$2,628
28 years$24,962$18,345$13,259$9,448$6,655$2,261
29 years$23,842$17,306$12,339$8,664$6,009$1,947
30 years$22,798$16,344$11,493$7,951$5,429$1,676
31 years$21,824$15,450$10,715$7,303$4,909$1,444
32 years$20,912$14,619$9,997$6,711$4,440$1,244
33 years$20,058$13,845$9,334$6,172$4,018$1,072
34 years$19,255$13,122$8,721$5,679$3,638$924
35 years$18,500$12,446$8,154$5,227$3,295$797
36 years$17,788$11,813$7,628$4,814$2,986$687
37 years$17,117$11,219$7,139$4,436$2,706$592
38 years$16,482$10,662$6,686$4,089$2,453$511
39 years$15,881$10,139$6,264$3,770$2,225$440
40 years$15,312$9,646$5,871$3,477$2,018$380
41 years$14,772$9,182$5,505$3,208$1,831$328
42 years$14,259$8,745$5,164$2,961$1,661$283
43 years$13,771$8,332$4,846$2,733$1,508$244
44 years$13,307$7,942$4,549$2,524$1,368$210
45 years$12,865$7,574$4,271$2,331$1,242$181
46 years$12,443$7,225$4,011$2,153$1,128$156
47 years$12,040$6,895$3,769$1,989$1,024$135
48 years$11,655$6,582$3,541$1,838$930$116
49 years$11,287$6,286$3,329$1,698$845$100
50 years$10,935$6,004$3,130$1,570$767$87

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 55 starting with $11,200,000, adding $2,605 every year, while hoping to spend $46,403 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 61/13/26 Blend
54$11,200,000$11,200,000$11,200,000$11,200,000
55$12,345,087$11,751,487$11,577,887$13,012,051
56$13,554,914$12,277,937$11,916,374$13,992,092
57$14,886,587$12,828,629$12,264,645$15,056,071
58$16,352,487$13,404,700$12,622,978$16,216,449
59$17,966,254$14,007,343$12,991,662$17,482,635
60$19,742,918$14,637,810$13,370,989$18,864,982
61$21,699,042$15,297,408$13,761,263$20,374,883
62$23,852,874$15,987,511$14,162,795$22,024,877
63$26,224,524$16,709,555$14,575,905$23,828,764
64$28,836,149$17,465,048$15,000,922$25,801,734
65$31,712,167$18,255,566$15,438,183$27,960,504
66$34,879,483$19,082,764$15,888,037$30,323,481
67$38,367,745$19,948,373$16,350,841$32,910,927
68$42,209,621$20,854,210$16,826,961$35,745,150
69$46,441,113$21,802,177$17,316,774$38,850,710
70$51,101,889$22,794,266$17,820,669$42,254,649
71$56,235,663$23,832,567$18,339,043$45,986,746
72$61,890,606$24,919,268$18,872,306$50,079,790
73$68,119,799$26,056,663$19,420,879$54,569,889
74$74,981,734$27,247,155$19,985,195$59,496,807
75$82,540,869$28,493,264$20,565,697$64,904,338
76$90,868,232$29,797,628$21,162,842$70,840,710
77$100,042,095$31,163,014$21,777,100$77,359,042
78$110,148,708$32,592,322$22,408,952$84,517,839
79$121,283,119$34,088,588$23,058,895$92,381,543
80$133,550,065$35,654,998$23,727,436$101,021,130
81$147,064,967$37,294,887$24,415,100$110,514,785
82$161,955,012$39,011,755$25,122,424$120,948,626
83$178,360,358$40,809,265$25,849,960$132,417,519
84$196,435,456$42,691,261$26,598,275$145,025,967
85$216,350,507$44,661,768$27,367,953$158,889,087
86$238,293,071$46,725,007$28,159,592$174,133,699
87$262,469,834$48,885,401$28,973,807$190,899,507
88$289,108,558$51,147,587$29,811,231$209,340,423
89$318,460,237$53,516,425$30,672,512$229,626,006
90$350,801,458$55,997,007$31,558,319$251,943,059
91$386,437,020$58,594,674$32,469,336$276,497,385
92$425,702,805$61,315,021$33,406,267$303,515,723
93$468,968,950$64,163,916$34,369,836$333,247,883
94$516,643,341$67,147,507$35,360,785$365,969,091
95$569,175,467$70,272,240$36,379,876$401,982,587
96$627,060,657$73,544,872$37,427,894$441,622,474
97$690,844,759$76,972,485$38,505,643$485,256,864
98$761,129,292$80,562,505$39,613,950$533,291,346
99$838,577,127$84,322,714$40,753,664$586,172,804
100$923,918,739$88,261,272$41,925,657$644,393,626